Yatra Online Ltd Reports 9% YoY Revenue Growth Amid Disruptions and Challenges

Yatra Online Ltd reported a 9% YoY growth in revenue from operations, driven by strong demand in key segments, particularly air ticketing. The company achieved a 22% YoY increase in gross bookings for air ticketing and onboarded 40 new corporate clients. However, profit after tax decreased by 17% YoY due to a one-time charge related to the implementation of new labor codes. Disruptions due to stricter flight duty travel limitations and a decline in take rates in the hotels and packages segment also impacted the company's performance.